2015 saw some shocks in the market; FedEx bidding for TNT Express; XPO Logistics buying Norbert Dentressangle and BCA Marketplace buying Eddie Stobart’s automotive business. But they weren’t the only acquisitions in a year packed with M&A activity. We take a look at some of the deals that changed the industry. JANUARY 2015 – DX […]
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Stotts Group, which owns Willmotts Transport and S&B Transport Services, has boosted its presence in the South West of England with the acquisition of Somerset-based Parker Transport (SW).
TNT Express has appointed Maarten Jan de Vries as its new chief financial officer, replacing Bernard Bot later this year.
Stobart Group’s transport and distribution division, Eddie Stobart, saw revenue grow but profit fall in its most recent trading year, as it failed to cover increased costs through rate rises. For the 12 months ending 29 February turnover rose to £519.5m from £475.3m a year ago. However, pre-tax profit fell from £34.2m to £27.4m, due […]